CHINA

British teenager becomes youngest seven-summit climber

A 16-year-old British schoolboy on Thursday became the youngest person to climb the highest mountains on all seven continents after ascending Mount Everest, the world’s highest mountain on Thursday, Reuters reported.
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Spyker's Saab to restart production as Pangda visits

Struggling carmaker Saab said it would restart production by noon on Friday after an idle of almost two months due to a cash crunch, in time for a first visit by would-be Chinese partner Pangda <601258.SS>.
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Which stocks should be sold now?

Wall Street investment guru and editor of GameChangers Hilary Kramer has put together a list of 12 stocks which she advised investors to sell immediately. While the names that appeared on the list are big ticket stocks, Kramer justifies her position, saying that investors usually make the mistake of holding on to what used to be hot previously. She says, for example, retail stocks were 'yesterday’s market leaders.'
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Do Higher Interest Rates Always Hurt The Gold Price?

The evidence from China, for example, suggests that while higher rates certainly have the potential to dent gold demand, far more important drivers are inflation and growth. China's experience may not be typical, but it's certainly worth examining. China is the world's second biggest gold market after India.

Mark Zuckerberg is on kill what you eat diet

The only type of meat billionaire Mark Zuckerberg is eating for now comes from animals he's slaughtered himself. He doesn't want to forget being thankful for what has to die so he can eat.
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Lenovo quarterly net profit more than triples

Lenovo Group Ltd, the world's No.4 PC brand, more than tripled its fourth-quarter net profit, beating forecasts on robust demand from commercial customers and making up for a slowdown in the consumer sector.
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Alipay gets licence to set up e-payment system

The Alipay system affiliated with Jack Ma's Alibaba Group has received a license from China's central bank to operate an electronic payment system in the country, the company said on Thursday.

Even Mongolia Has Neo-Nazis

Neo-Nazi movements have cropped up in some unlikely places. Consider Mongolia, the vast and remote nation in northern Asia.
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Gold prices likely to stay high in coming months

Gold prices may continue to stay at high levels in the coming months as investors seek the metal as a safe haven investment on concerns about faster inflation, slowing global economic recovery and geopolitical crisis, according to China National Gold Group Corporation (CNGGC).
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Stock index futures rise; GDP data eyed

Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.35 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.35 percent at 4:50 EDT.
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World stocks rise from two-month low; euro firmer

World stocks rose from a two-month low on Thursday while the euro hit a one-week peak versus the dollar, aided by higher commodities and a report on China's possible interest in bailout bonds for Portugal.

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